Bad news, stock-market bulls: Corporate insiders are selling their companies' shares at an abnormally fast pace.Is their any good news out there?
In fact, one measure of that selling activity shows insiders of NYSE- and AMEX-listed companies recently were selling at the fastest rate since data began being collected in the early 1970s, four decades ago.
On the theory that insiders know more about their companies' prospects than do the rest of us, this is an ominous sign
Hat tip to III Percent Patriots.
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